Systems Unlimited, Inc.benefits
Systems Unlimited, Inc. Employee Benefits Plan · IOWA, IA · plan year 2024
Systems Unlimited, Inc.'s benefits plans covered 436 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $137,596. Insurance brokers and agents were paid $77,963 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 56.7% of premiums. That is $179 per covered person, below the median for employer plans that report broker pay. Brokers were paid 3.3x the $23,774 reported for 2023.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 420985205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.